All Forum Posts by: John Barrows

NEVER, Waive nor not conduct an inspection! If your agent is telling you that, fire that person. 

Your agent is looking for a solid law suit. NEVER get emotional when buying anything, especially a house. Another house, investment, business opportunity will come along and most generally, it’s always better. 

YOU can’t even get a home warranty without having an inspection. If you want to take full responsibility for the structure, the power source and overall condition without conducting any inspection, GOOD LUCK! I smell a law suit coming.

NEVER, Waive nor not conduct an inspection! If your agent is telling you that, fire that person. 

Your agent is looking for a solid law suit. NEVER get emotional when buying anything, especially a house. Another house, investment, business opportunity will come along and most generally, it’s always better. 

YOU can’t even get a home warranty without having an inspection. If you want to take full responsibility for the structure, the power source and overall condition without conducting any inspection, GOOD LUCK! I smell a law suit coming.

Hahahahahaha, you guys a funny...... Buyers will come out of the woodwork when you put the word out that you have a wholesale property. A seller is the easiest to find, just drive around, look at properties or RUN DOWN PROPERTIES. Bingo, you've got a seller. Many of the people giving advice have no concept of KNOCKING ON DOORS. If you read this message right, you've just been taught how to wholesale and find a property. 

People use letters, road signs, car signs and many money spending marketing techniques to generate a piece of business. I've always found when I want a check, I go knock on a door... or find a run down property.... I get paid...

Bwahahahahahaha, sorry, I had to laugh out loud at the question...... Come on man, your quote says, "We are thinking about doing a direct mail campaign with our agent for our primary living residence".

How about your agent getting off their lazy butt and go to work for you! You can sign an agreement with the agent that ties them to any deal that you or they produce. OMG, if I had a buyer (which I've done over 100 times with contracted buyers in my past 30 years of real estate) I would go house to house knowing I have a pay check and all I have to do is knock on doors. OH MAN! That's not my type of agent!

Look, you can do a VOD (verification of Deposits) and have a loan approval I assume? Just go knock on the door and say I have cash and want to buy your home. Be sincere and let the sellers know your serious. It doesn't get any easier then that for the agent or yourself.....Just don't be a jerk in presenting an offer. Find out the real value of the property and go from there. Sellers will accommodate offers that are respectful and of market value.

I personally made $156,000 commission check because I was looking for land in the city for a developer. I signed all the agreements with the developer that would allow me to have the freedom to get paid and do my job. I knocked on business owners doors and low and behold, I was able to assemble a whole city block with 5 sellers with the cities blessings then had my developer buy the block! 

That's called REAL ESTATE. That's what we older veterans did for a living.

Jacob Kline, you have nothing. You've done your walk thru and an inspection. You should (FIRST & FOREMOST) read your state laws. Second, you have no entitlement to the property and the BANK is about to tell you where you stand, NO WHERE!

Because you have an agreement doesn't give you permission to do anything with the property until after it closes and YOU TAKE TITLE! You've created a real issue and because you are harassing the tenant, it would and could come back to haunt you. I'm not an attorney but, I suggest you do some law reading and get an attorney to help you. It's people like yourself acting under the darkness of law (with no license) demanding things protected by law. I hope you get/learn a great lesson with your first deal.

Bank cash only is the same as if it were a foreclosure..... CASH ONLY... No inspections, contingencies or closing issues. Close today for cash only. Find a hard money lender and give the bank CASH ONLY...... property won't go conventional, FHA or any other way. Here's the red flag, (AS IS WHERE IS) is the only option.... just like a foreclosure sale.

One last thing on becoming a real estate agent.... Make the effort to get a lot of upscale business cards, put good information on the cards and an easy way to get a hold of you. Then just pass them out in most everywhere you go. That will be a great way to start your business. Can't be shy in this business.......

You and every retired person living in Phoenix. Check Maricopa county and see how many real estate agents there are. LOTS.

Check with your state laws but, as in most every case, an "AS IS" statement does not mean the entire house or land it sits upon is "AS IS". The seller may want you to believe this but, most generally, "AS IS" must be prefaced by (WHAT IS "AS IS") that would be the question within the laws. Many a case has been lost by the mere statement that the HOUSE was sold "AS IS" because it's not specific enough in Washington State. Land is not an "AS IS" purchase when hazardous waste or a deadly substance or land fill was created. Check your local laws.

You should have schooled yourselves better before getting into this unfortunate situation. Just one thing to say to you. ALWAYS, ALWAYS, ALWAYS get the VERIFICATION OF DEPOSITS from the institution/bank where the money is AVAILABLE before letting anyone know about your deal! WOW! I don't care what the deal is! Get a letter with banks/institution/ retirement fund LETTER HEAD from an institution/bank if this buyer can BUY and CLOSE! ( live by this motto) SOME WILL, SOME WON'T, SO WHAT, NEXT........ Lesson learned.....